By: Mahesh Pathak
Mamata Banerjee presents Rail Budget 2011 in Parliament today and live coverage for the same is being offered right now on various news channels, both online as well on the television.
Some of the RailBudget2011 Highlights include:
No hike in freight and passenger fare.
Free journey for cancer patients in sleeper and 3AC; 75 p.c. concession for companion
Concession for children of accredited journalists up to 18 years.
Concession of Rs 100 on freight rates of food grains for domestic use, kerosene, fertlizer
Railways to have master plan for North Eastern region
For live coverage and point by point updates on the Rail budget 2011, please visit The Hindu Rail Budget Live.
By: Mahesh Pathak
The Mphasis Share Price has hit a 52 weeks low at Rs 456.95, according to a report. The share price dips around 25% and according to analyst, the same happen because of the poor Mphasis December results.
The report also says that the Mphasis Share Price moved from Rs. 677.15 to Rs. 469.95 in the last 3 days. That is like downfall of about 30%. The share price was Rs. 659.20 5 days ago while it was Rs. 684.90, just 7 days ago.
Mphasis published their December Quarter results which showed a consolidated net profit down by 15%.